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Inside Bashir Sons' 5 MWp Plant: How Two Lenders Powered One Project

Solarkon Team July 1, 2026 5 min read
Inside Bashir Sons' 5 MWp Plant: How Two Lenders Powered One Project

One rooftop plant, two financing partners. Askari Bank Limited funded 4 MWp and Parwaz Financial Services backed 1 MWp, with each section clearly marked on-site. Here is how Solarkon engineered, wired, and energised all 5 MWp on Huawei inverters.

When Bashir Sons Steel Industry set out to cut its energy costs, the answer was a 5 MWp rooftop solar plant. It is one of the largest single-site installations Solarkon has delivered. But a project of this scale is not only an engineering challenge. It is a financing one. Here is how it came together.

One rooftop, two lenders

Rather than fund the entire 5 MWp through a single facility, the plant was divided across two financing partners. Askari Bank Limited financed 4 MWp, while Parwaz Financial Services backed the remaining 1 MWp. On site, each section was physically marked with its own signage board and a clearly outlined roof area, so every stakeholder could see exactly which portion their capital brought to life.

The financing split, mapped on the actual site. The red outline marks the 1 MWp funded by Parwaz Financial Services; the blue outline marks the 4 MWp funded by Askari Bank Limited.
The financing split, mapped on the actual site. The red outline marks the 1 MWp funded by Parwaz Financial Services; the blue outline marks the 4 MWp funded by Askari Bank Limited.

Why split the financing?

Large industrial plants often exceed a single lender's preferred ticket size, or a client's preferred exposure to any one institution. Splitting the facility across two partners lowers risk on the deal, keeps approvals moving in parallel, and lets each portion progress on its own timeline. For the client, it means megawatt-scale solar without waiting on a single point of approval.

Engineering all 5 MWp

Financing aside, the plant still had to be built to Solarkon's standard. The scope covered the full stack:

  • Mechanical work: mounting structures engineered across the entire rooftop for load, wind, and long-term durability.
  • Electrical work: LT switchgear and quality distribution panels tying the arrays into the facility's supply.
  • Huawei inverters: high-efficiency conversion across both financed sections.
  • Earthing, testing and commissioning: safety, protection, and performance verified before sign-off.

The takeaway

Bank-financed solar puts megawatt-scale energy independence within reach, even for capital-intensive industries like steel. With structured EMI plans, transparent terms, and financing available with or without collateral, the upfront barrier that once stopped large setups simply falls away. Bashir Sons is proof that the right financing structure turns a bold energy goal into an operating asset.

Together, we are not just installing solar panels. We are powering progress, sustainability, and energy independence across Pakistan.

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